PNC’s Post

Today we announced our FY24 Full Year Results. We delivered operating earnings of $358.7 million, reflecting OEPS post-tax of 75.8 cents, slightly ahead of guidance, with earnings growth of 4% guided for FY25. Despite further cap rate softening driving devaluations, we continue to hold the largest sector-diverse property portfolio in Australia, with Group FUM of $80.9 billion, including $65.5 billion of property FUM. Charter Hall's Managing Director and Group CEO, David Harrison, commented on our results, "FY24 has seen us focus on the ongoing curation of the portfolios we manage, selective development, partnering with our tenant and investor customers to meet their needs and closely managing our cost base. This has seen us deliver a good result set against a tough real estate environment." Read the full report below and visit our Investor Centre here: https://lnkd.in/gYhZmJ3N

We continue to build momentum in 2024! Today, we reported another strong quarter during our 2Q24 Earnings Conference Call. Here are a few highlights from the second quarter that further advance us towards our vision to be the center of the communities we serve: • 95.4% total leased (company record) • 97.5% anchor leased (company record) • 90.8% small shop leased (company record) • 1.4M SF of signed new & renewal leases •  50% rent spread on new leases • 19% rent spread on renewals (company record) •  $65M of ABR signed, but not yet commenced leases •  5.5% same property NOI growth •  6% FFO growth (excl. gains on debt extinguishment) •  Full year FFO guidance increased to $2.11-$2.14 (+$0.03 at midpoint) To listen to the 2Q2024 Earnings Call: bit.ly/3vRWgpc.

Our latest figures show a promising FY24 for super funds. Median growth funds are expected to return around 9%, with a 0.9% rise in May. High growth and all-growth options increased by 1.1%, while balanced and conservative options saw gains of 0.8% and 0.6%, respectively.  Read our latest findings here - https://lnkd.in/e8e6GWK3  #Superannuation #SuperFundPerformance #FY24  

Yesterday we announced our first half FY24 results to the market, reporting strong results, performing well across both financial and operating metrics in a challenging economic climate punctuated by increased cost of living pressures, and the growing demand for zero emission and more fuel-efficient vehicles. Please visit our website to view the Market Announcement, the Half Year Results presentation, the Consolidated Interim Financial Report, and the Dividend Distribution. #ASX #FY24 #Results #Growth #Performance

🚀 **Citigroup's Earnings Surge with Strategic Cost-Cutting Initiatives** With its latest earnings report, Citigroup has shown impressive financial performance, mainly due to strategic cost-cutting initiatives. Key highlights include a quarterly net income of $4.6 billion, up from $3.8 billion last year, and revenue reaching $18.5 billion, an improvement from $17.8 billion. The Earnings Per Share (EPS) was $2.15, surpassing the forecasted $1.95, proving the bank's solid financial health. Additionally, a Return on Equity (ROE) of 11.6% underlines Citigroup's effective management of shareholders' equity. Citigroup's financial leap stems from several strategic moves like streamlining operations through advanced technologies and automation, divesting non-core assets, realigning the workforce, enhancing digital infrastructure, and implementing operational excellence programs. These measures have collectively reduced costs and driven profitability margins. Looking ahead, Citigroup plans to focus on emerging markets, innovate financial products, improve customer experiences, and strengthen risk management and sustainability practices. This case study underscores the importance of strategic cost management in achieving robust financial performance. For high-net-worth individuals and businesses, effective tax planning is equally crucial. **Set up a call with our team** to explore how you can optimize your tax strategy and enhance financial health. **Next Steps:** Reach out to **Together CFO** or set up a call at **[https://lnkd.in/gKQ6xr7C.

📉Stay up to date with the latest updates on Leveraged Finance and get a sneak peek into the FY24 outlook. 💰Given the expectations of interest rate cuts in FY24, it is believed that the income opportunity would outweigh the downside risks of default, especially as peak rates revert to normal levels, boosting overall macro prospects. 📈Read this detailed report to know more about the performance of the leveraged finance sector, repricing and default rates, among others. https://bit.ly/3YCMiIi #leveragedfinance #FY24outlook 📈💼

Quarterly Earnings Overview for the 4Q FY24

Net financial savings rose to 6% in FY24, according to Goldman Sachs, with gross financial savings expected to outpace the increase in household financial liabilities. Read more at: https://ow.ly/7pIp50RS8P6 #Finance | #Savings | #Economy | #Investment | #Household | #TPCI

Earlier today, Bill Winters and I spoke to analysts and investors about our strong 2024 half-year financial performance. Watch the replay here: https://lnkd.in/dN9HgNwy Here are the top five takeaways: 1. We are executing well on our strategy of being a cross-border corporate and investment bank and a leading wealth manager for affluent clients. 2. Double-digit income growth was driven by a record performance in Wealth Solutions and strong pipeline execution in Global Banking. With this strong performance, we have upgraded our 2024 income guidance to above 7% growth. 3. Our CET1 ratio of 14.6% is above the Group’s target range. As a result, we are today announcing our largest ever share buyback of $1.5bn. 4. Our colleagues’ enthusiasm for our Fit for Growth programme to simplify, standardise and digitise the Bank has resulted in more than 200 projects having been identified. 5. We have made excellent progress in the first half and we remain confident of delivering on our 2026 RoTE target of 12%. A huge thank you to my colleagues across Finance, Treasury and Investor Relations for their efforts in the preparations for today’s announcement. #StanChartResults #HereForGood

FY24 has been a year full of surprises, wherein largecaps soared by 37.81%, midcaps surged by an impressive 61.41%, smallcaps outshone with a remarkable 69.28% rise, and Microcaps stole the show with an incredible 80.67% surge! What drove this phenomenal growth? A combination of factors, including robust economic fundamentals, progressive reforms, and investor confidence, played pivotal roles. Additionally, favorable government policies and global market dynamics fueled the upward trajectory. As we navigate through the highs and lows of the market, let's stay vigilant, informed, and adaptive to capitalize on the ever-evolving landscape. Here's to embracing the opportunities, learning from the challenges, and charting a prosperous course ahead in the dynamic world of Indian finance! Happy FY25 to everyone!! #IndianStocks #FY24 #MarketPerformance #investments #financialplanning #personalfinance #finance